Plan Ledger DOL Form 5500 · updated monthly

Milwaukee School of Engineering403(b)

MILWAUKEE SCHOOL OF ENGINEERING DEFINED CONTRIBUTION PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.01%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Milwaukee School of Engineering reported $21,589 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,075 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.012% to 0.013%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 152nd-largest of 1,936 plans among Wisconsin employers on file, and the 317th of 3,091 in educational services. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$176,039,920
Participants with balances1,142
Active participants485
Employer contributions$1,976,351
Employee contributions$3,443,803
Employer contribution per active participant$4,075
Average account balance$154,151
Benefits paid to participants$6,073,166
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$176.0M · 1,142 accts · $2.0M emplr
2023$158.4M · 1,086 accts · $1.9M emplr
2022$144.0M · 1,050 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$625
Audit (IQPA)$20,964
Total administrative$21,589
Employer contributions to the Milwaukee School of Engineering plan · 2024
Employer contribution per active participant$4,075
Median for plans this size$3,635
2024$4,075 per active participant
2023$4,195 per active participant
2022$3,993 per active participant

Milwaukee School of Engineering's 2024 employer contribution ran above the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
TIAA · Recordkeeping · Pension consulting$625
GRANT THORNTON LLP · Accounting / audit$20,189

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024TIAA
2023TIAA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$21,589 · 0.01%
2023$16,500 · 0.01%
2022$15,724 · 0.01%
Same employer
Similar plansEducational Services · Wisconsin
Marquette University WI$926.0M · 0.04%
Carthage College WI$145.2M · 0.09%
Herzing University, LTD WI$61.9M · 0.35%
Beloit College WI$60.5M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 390477970 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.